RBC Wealth axes 3% of jobs in Channel Islands and UK
RBC Wealth Management is making redundant around 3% or 36 of its 1,200-strong staff from offices based in Jersey, Guernsey, London and Edinburgh.
News
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RWC reveals Clapp-run funds
RWC Partners has announced two funds to be run by Graham Clapp and his team following their arrival at the firm in September.
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Premier AM shuns conventional bonds
Premier Asset Management is shunning conventional bonds in favour of specialist lending vehicles in its multi-asset portfolios on the back of the former’s poor risk/return characteristics.
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SLI slashes MyFolio charges
Standard Life Investments (SLI) has decided to slash the annual management charges on the majority of its shareholder classes within its multi-manager MyFolio range.
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Investors dump emerging market debt as Fed hike looms
Emerging market debt has been the best-selling asset class with European investors this year, but flows turned negative in late September against a backdrop of a hawkish Fed and a strengthening dollar.
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Walker Crips to ethically screen UK equities
Walker Crips has adopted an environmental social and governance (ESG) screen on UK equity holdings in its managed portfolios.
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Advisers failing clients on social responsibility
Financial advisers are failing customers by not providing them with information on the environmental and social impact of their investments, a survey has found.
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Pacific AM launches emerging market fund
Pacific Asset Management (PAM) is launching an emerging market Ucits fund in November.
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Iboss goes for gold with Old Mutual
Iboss has added Ned Naylor-Leyland’s Old Mutual Gold and Silver Fund to both its Oeic range of risk-rated funds and portfolio management service after altering its stance on gold.
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Brace for global recession in 2019
An economic downturn affecting most developed markets will occur in 2019, Aegon Asset Management has predicted.
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Easyjet suffers in turbulent week for airlines
Amid a turbulent week for the UK airline sector, Easyjet’s update failed to encourage investors.
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US and Europe: monetary divergence or convergence?
Blackrock’s chief investment strategist Richard Turnill believes “monetary divergence” between the US and the eurozone is creating investment opportunities.
